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Conservative Hardliner News

Author Topic: Temporary SS tax holiday ends January 1st  (Read 1465 times)

Offline gBob

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Temporary SS tax holiday ends January 1st
« on: October 23, 2012, 04:24:28 AM »
Obama isn't talking about it and neither is Mitt Romney. But come January, 163 million workers can expect to feel the pinch of a big tax increase regardless of who wins the election.

A temporary reduction in Social Security payroll taxes is due to expire at the end of the year and hardly anyone in Washington is pushing to extend it. Neither Obama nor Romney has proposed an extension, and it probably wouldn't get through Congress anyway, with lawmakers in both parties down on the idea.

Even Republicans who have sworn off tax increases have little appetite to prevent one that will cost a typical worker about $1,000 a year, and two-earner family with six-figure incomes as much as $4,500.

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Online Solar

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Re: Temporary SS tax holiday ends January 1st
« Reply #1 on: October 23, 2012, 06:18:03 AM »
Sad isn't it Bob? This is why the Tea party is killing the RINO.
Left or Right, neither party wants to make the right move, but our base (the Tea Party) knows what to do.

Look out Boehnor!
Official Trump Cult Member

#WWG1WGA

Offline gBob

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Re: Temporary SS tax holiday ends January 1st
« Reply #2 on: October 23, 2012, 09:14:08 AM »
Boehner and McConnell bear responsibility for at least $3 TRILLION Dollars of of $16 Trillion DEBT through their RINO "continuing resolutions"  :cursing:

 

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